Lakeland Bank Provides $6M Refinance Loan For Office Building In Brooklyn

Located in the bustling market of Brooklyn, the office property at 1419 Myrtle Avenue has recently undergone a refinancing transaction. Spanning an impressive 5,000 square feet, this office space offers a prime location for businesses looking to establish their presence in this vibrant neighborhood.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $6,000,000
• Address: 1419 Myrtle Avenue, Brooklyn
• Lender: Lakeland Bank
• Landlord: Lewis Barbanel
• Brokers: Brad Domenico & Eddie Miro - Progress Capital

Leading the deal is Brad Domenico & Eddie Miro from Progress Capital, who facilitated the refinancing process. Their expertise and dedication ensured a successful transaction for all parties involved. The loan provided by Lakeland Bank has provided the necessary funds for the property's continued growth and success.